INO.com’s Daily Market Analysis
It’s free, informative, and will help you prepare and plan for the next trading day, while getting a jump on changing market conditions.
LIVESTOCK: December live cattle closed up $1.30 at $112.95 today. Prices closed nearer the session high today and hit a five-week high. Bulls have the firm overall near- term technical advantage and gained fresh power today.
November feeder cattle closed up $2.40 at $143.50 today. Prices closed near the session high today and hit a five- week high. Bulls have the overall level near-term technical advantage.
December lean hogs closed down $1.62 at $62.40 today. Prices closed nearer the session low today. Bulls have the overall near-term technical advantage amid recent choppy trading. A two-month-old price uptrend on the daily bar chart is still in place.